Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8274 I-49 Frontage Rd Opelousas, LA 70570

    Sponsored
    For Sale
    $599,000

    Business Opportunity,Retail - Opelousas, LA

    Property size:
    1,578 SF
    Lot size:
    4.45 Acres
    Days on Market:
    237
    Last Refresh:
    Jan 27 at 7:06 am

    Property Features for 8274 I-49 Frontage Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Parking
    3
    Exterior features
    Oh Door < 10 Ft, Outside Storage, Storage Building
    Size
    1,578 SF
    Lot size
    4.45 Acres

    Utilities

    Heating system
    Electric (Heating), Other (Heating)
    Cooling system
    Multi Units, Wall Unit(s)

    Building Details

    Flooring type
    Tile, Vinyl
    Building materials
    Metal Siding
    Roof type
    Metal
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Viki Falgout
    Viki Falgout

    eXp Realty, LLC (337) 522-7554

    Listing agent Viki Falgout (337) 522-7554

    Listing date Jun 5, 2025

    MLS# 2020024628 Listing URL

    Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Opelousas Commercial Property with Businesses

    This commercial property in Opelousas, Louisiana, offers a business opportunity with 4.45 acres of land and multiple established businesses. The property includes propane sales, U-Haul rentals, portable building sales, and a 10-unit Stor-n-Lok business. The existing businesses require minimal investment and can generate substantial cash flow, needing only one employee to manage the office space and the entire facility. The property has frontage on I-49. The property is zoned commercial and includes retail space, individual retail properties, parking lots and garages, and automotive properties. The property includes 1,578 square feet of space.
    Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Map

    City
    Opelousas
    County
    St. Landry
    State
    Louisiana
    Longitude
    -92.101
    Latitude
    30.5146

    Nearby Similar for Sale

    • $2,749,000
      2,600 SF

      Equestrian Property with Modern Amenities

      94.6-acre equestrian estate featuring extensive facilities and a restored farmhouse.
      1601 La-357, Opelousas, LA 70570
      View Details
    • $400,000
      784 SF

      Opelousas Ranch with Equestrian Potential

      13.83-acre Opelousas ranch featuring equestrian facilities and living quarters.
      1238 Montgomery Rd, Opelousas, LA 70570
      View Details
    • $225,000
      2,105 SF

      Former Learning Academy For Sale

      2,105 sqft facility on a quarter-acre corner lot.
      511 S Union St, Opelousas, LA 70570
      View Details
    • $255,000
      4,354 SF

      Opelousas Multi-Family Investment Opportunity

      Four single-family homes in Opelousas, all currently occupied.
      605 Choctaw Dr, Opelousas, LA 70570
      View Details
    • $179,000
      2,750 SF

      Opelousas Commercial Duplex For Sale

      Turnkey income-producing property in the heart of Opelousas.
      1203 S Union St, Opelousas, LA 70570
      View Details
    • $500,000
      40.00 Acres

      Opelousas Racehorse Training Facility

      Turnkey 40-acre racehorse breeding and training facility near Evangeline Downs.
      295 Jim Guillory Rd, Opelousas, LA 70570
      View Details
    • $70,000
      8,100 SF

      Opelousas Historic Corner Lot Property

      Historic Opelousas property with warehouse, sales floor, and loading dock.
      506 S Railroad Ave, Opelousas, LA 70570
      View Details
    • $580,000
      0.91 Acres

      Opelousas Land in Prime Location

      Corner lot ideal for convenience store or fast food restaurant.
      1130 S Union St, Opelousas, LA 70570
      View Details
    • $182,500
      1,730 SF

      Opelousas Home with New Upgrades

      2014 double-wide mobile home with new roof and flooring.
      102 Merlot Dr, Opelousas, LA 70570
      View Details
    • $875,000

      Sunset MHP Development Opportunity

      Mobile home park with RV conversion potential in Opelousas, LA.
      Highway 178, Opelousas, LA 70570
      View Details
    • $5,910,210
      4,997 SF

      Opelousas Chick-fil-A NNN Lease

      New 15-year NNN lease with rent increases and options.
      1119 E Landry St, Opelousas, LA 70570
      View Details
    • $675,000
      10,800 SF

      Opelousas Warehouse: Prime Location

      10,800 SF Warehouse, $675,000
      1234 Heather Dr, Opelousas, LA 70570
      View Details

    FAQs

    What type of property is this?
    Parking lot & garage - 4.4 acres with I-49 frontage and multiple businesses.
    Where is this parking lot & garage located?
    The property is located at 8274 I-49 Frontage Rd Opelousas, LA.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - 4.4+ acres of I-49 Frontage Road property.; - Includes 4 established businesses: Propane sales, U-Haul rentals, portable building sales, and a 10-unit Stor-n-Lok.; - Businesses offer potential for substantial cash flow with minimal investment.
    (337) 522-7554
    Request Owner's contact information
    8274 I-49 Frontage Rd Opelousas, LA 70570
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8274 I-49 Frontage Rd
    Opelousas, LA 70570
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8274 I-49 Frontage Rd Opelousas, LA 70570
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Viki Falgout
    Viki Falgout
    Real Estate License ID: 0995685591
    (337) 522-7554
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.